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Search Results 0 to 14 of about 15 (some duplicates have been removed)
goal, like ronald reagan used to do, i want one headline, don't let the middle class be held hostage. he repeated it over and over again. >> reporter: he said it 19 times. >> he didn't want the headline to be switched by adversarial press or neutral press that didn't to want go with his line to say him, adamant, president adamant on rich paying 39.6%. maybe that's why you softened up to you. just an interpretation. >> reporter: i can tell you congressional republicans were happy with his response. they like to know there is some give. here's where the give could be, chris. nobody's talked about this. i mean, there's been some behind the scenes chatter on this, which is you could see tax rates temporarily go up just not all the way to 39%. it could be somewhere in the middle. ends up being the compromise for the one year. don't forget, this is all about setting the tax rates simply for 2013, while they negotiate larger tax reform. so, that could be what the wiggle room is. obviously, republicans have said they don't want to raise tax rates at all. they're fine with revenue. and the pr
tip o'neill and ronald reagan on social security reform we can add years of solvency and to medicare and do it and increase benefits like with obama care and we need both sides to be willing. i know the democrats are willing. president obama's willing to sit down at the table. what we don't need to do i can tell you is cut benefits. that's something that i don't think is the first thing that should be put forward. we have a lot of opportunity to continue to make reforms in medicare, make sure we build in more efficiencies to the program so we can add the years of solvency. >> what about eligibility age change? >> well, eligibility age change would fall in the realm of benefit cuts. we need to focus like i said first on making sure we build in more efficiencies to the program. we have been able to from obama care make sure that with that $716 billion in savings plowed in to waste, fraud and abuse -- fighting waste, fraud and abuse we have collected more than $10 billion in fraudulent medicare payments and we can make more progress in that area, as well. >> thank you so much. i greatly
. >> reporter: he resigned in the wake of watergate. ronald reagan's second term -- >> a few months ago, i told the american people i did not trade arms for hostages. my heart and my best intentions still tell me that's true, but the facts and evidence tell me it is not. >> reporter: the iran contra affair. bill clinton -- >> i did not have sexual relations with that woman. >> reporter: impeached after the lewinsky mess. and george w. bush, well, there was the valerie plame spygate scandal, not to mentioning the handling of hurricane katrina. that's trouble for roughly 100% of re-elected presidents since 1972. yes, it's enough to give you second thoughts about that second term. so is there anything the obama team can do to prevent this? now, as bill clinton might say. >> it depends upon what the meaning of the word "is" is. >> reporter: the fact is, if there is going to be a second-term scandal, its seeds were probably sewn in the first term. the watergate break-in, nixon's first term. the actual iran contra deal, reagan's first term. bill clinton's liaison with lewinsky, first term. the actual
countries have transformed, reform, lower the rates. we haven't touched it since ronald reagan in 1986. bill clinton did raise it at one point but we haven't done anything to touch the rate and reform -- tecum from 16.5% to 15% which most of you are aware of because you do business there, and this capital investment is going to follow countries that have a more competitive environment in taxes is one of them's a we have to reform the tax code and when you do that you will get more revenue. it's guaranteed. again, as i was talking at earlier there are opportunities here for us as a country and if you look at the congressional budget analysts this and go to the tax committee analysis what tax reform could mean in the economic growth and all of them will lead to more growth with this corporate tax reform. estimate of the president says what he did last friday, this was fought over in the campaign and we fought over rising tax rates. jay carney said they would veto any bill that extends the current tax rate so if he insists that tax rates go out for those making over to under $50,000 will would
. there is that incentive as well. you have to look at ronald reagan as well as henry kissinger, when they went into negotiations, said you have to come willing to truly cut a deal. you may get 90%. >> takes both sides. obama is very good in liberal rhetoric blaming republicans. even in "l.a. times", obama wants to help the middle class but republicans don't want to give everything to the rich which is not true. and a lot of liberals are saying this was a mandate to raise taxes? i think people can be pro-choice, pro-day marriage and have fiscal responsibility and live within their means. jon: well, i mean to be honest, angela, the president campaigned on a platform saying i'm going to go back to the bill clinton tax rates and the wealthiest are going to have to pay more money and he won. >> but bill clinton worked with a republican congress and our economy was not in dire straits that it is right now. so if he really wants to go back to the bill clinton days he should go to the table and work with republicans. >> also you have to look taxes were historical high. one of the things they're talkin
. bill bradley and i started with the first bill on this, and then ronald reagan picked it up and really carried at, and we got it done in a bipartisan way. when we did our original bill, we took out a mortgage deduction, we took out the charitable deduction, we took out everything, and we got right down to christie, it was 10%, 50%, 25% was the top rate, and we thought it was an elegant bill, but it could not pass muster political. we had all the real estate people and all the mortgage bankers and everybody came to town and said you get rid of the mortgage interest deduction is the end of the world, so we lost that. and all the university presidents and all the priests and all the other charities came and said you cannot get rid of that. the only thing we call on to was state and local income tax, and how we hang -- hung on to that i would never know. in the end, we were able to lower individual rates by taking more money from the corporate side, which i do not think you can do now. everybody is saying that corporate rate is too high in america, said to be competitive we have to get at
that divided government has sometimes done very important things for the country. think of ronald reagan and tip o'neill reforming social security. ron reagan and tip o'neill during the current tax reform. bill clinton and the republican congress doing welfare reform and balancing the budget. we look forward to making this divided government productive for the american people, and we have, as everyone knows, a lot of challenges at the end of the year. i will be meeting with the president and the other leadership on friday to talk about the way forward. we look forward to being a part of the solution to the significant problems. it is my pleasure to turn to our newly elected whip, senator john corn andyn of texas. >> -- senator john cornyn of texas. >> is an honor to serve as the assistant leader on the republican side. we have a lot of very difficult work to do, but we are committed to working with our colleagues across the aisle to solve the nation's urgent problems. we know what those are in the lame duck and we know what those are going forward. there is no mystery about that, nor is
Search Results 0 to 14 of about 15 (some duplicates have been removed)